MBA

By AJITH

TATA GROUP Founder Jamsetji tataFounded 1868

Type Private

Industry Conglomerate

Head quarters Mumbai ,maharashtra

Area served World wide

Chairman (present) Ratan tata

Owner Tata sons

Total employees 660,800

Revenue (2016) 103.5 billion $

Total asset 120.6 billion $

Website www.Tata.Com

HOUSE OF TATAS

Nusserwanji Tata Dadabhoy Tata (Married To Jeevanbai) (Brother Of Jeevanbai

Tata)

Jamsetjee Nusserwanji Tata R.D. Tata (Founder)

Dorabji Tata Ratanji Tata J.R.D Tata

Naval Tata

Ratan Tata Noel Tata

EVOLUTION OF TATA Foundation (1868-2011)

1868: Jamsetji Nusserwanji Tata starts a private trading firm, laying The Foundation Of The Tata Group.

1874: The Central India Spinning, Weaving and Manufacturing Company is set up, marking the group's entry into textiles and Its First Large-scale Industrial Venture.

1902: The Indian Hotels Company is incorporated to set up the Taj Mahal Palace and Tower, India's first luxury hotel

1907: The Tata Iron and Steel Company (now Tata Steel) is established to set up India's First Iron And Steel Plant in Jamshedpur

1910: The First of the three Tata Electric Companies, The Tata Hydro-

Electric Power Supply Company is set up

1917: The Tatas enter the consumer goods industry, with The Tata Oil Mills Company being established to make soaps, detergents and cooking oils. The company was sold to Hindustan Lever (now Unilever)

1932: Tata Airlines, a division of Tata Sons, is established

1945: Tata Engineering and Locomotive Company is established to manufacture locomotive and engineering products (renamed Tata Motors in 2003)

1952: Jawaharlal Nehru, India's first Prime Minister, requests the group to manufacture cosmetics in India, leading to the setting up of Lakme. The company was sold to Hindustan Lever (now Unilever) in 1997

1954: India's major marketing, engineering and manufacturing organisation, Voltas, Is Established

1962: Tata Finlay (now Tata Tea), one of the largest tea producers, is established

1968: Tata Consultancy Services (TCS), India's first software services company, is established

1971: Tata Precision Industries, The First Tata company in Singapore, is founded to design and manufacture precision engineering products

1984: The First 500 MW thermal power unit at the Trombay station of the Tata Electric Companies is commissioned

1996: Tata Teleservices (TTSL) is established 

1998: Tata Indica — India's first indigenously designed and manufactured car - is launched by Tata Motors

2005: Tata Steel acquires Singapore-based steel company NatSteel by subscribing to 100 per cent equity of its subsidiary, NatSteel Asia

2006: Tata Sky satellite television service launched across the country

2008. Tata Motors acquires the Jaguar And Land Rover Brands from the Ford Motor Company

2009: Tata Motors announces commercial launch of the Tata Nano; Tata Nano draws over 2.03 lakh bookings; first 100,000 owners of the Tata Nano 

2011: Tata Coffee and Starbucks sign MoU for strategic alliance in India

Tata Sons Limited is the holding company of the Tata Group and holds the Bulk Of Shareholding In These Companies

It was Established as a trading enterprise by Group Founder Jamsetji Tata in 1868

The chairman of Tata Sons has traditionally been the chairman of the Tata Group. About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of theTata family

The biggest two of these trusts are the Sir Dorabji Tata Trust and Sir Ratan Tata Trust

Tata Shareholding Pattern Shareholder No Of Shares PercentageShapoorji Pallonji 108 0.026723Cyrus Investment 37120 9.18489Ratan Tata 3368 0.83337R.D Tata 8838 2.186855Dorabji Tata Trust 113067 27.97705J.R.D Tata Trust 16200 4.008492Tata Investment Corp 326 0.080665Tata Industries 2295 0.56787Tata Chemicals 10237 2.533021Tata International Ltd 1477 0.365466Tata Motors 12375 3.062043Tata Educationa Trust 15075 3.730125Tata Power 6673 1.651152Tata Tea 1755 0.434253

Ratan Naval Tata

Ratan Naval Tata is an Indian businessman, investor, philanthropist and interim chairman of Tata Sons.

He is the chairman of Tata Group, a Mumbai-based global business conglomerate from 1991 till 2012 and again from 24 October 2016 for interim term, and continues to head its charitable trusts

Cyrus Pallonji Mistry

Cyrus Pallonji Mistry Is An Irish Businessman Of Indian Origin Who Was Chairman Of Tata Group, An Indian Business Conglomerate, Between 2012 And 2016

Mistry Was Born To A Parsi Family In Mumbai, The Younger Son Of Indian Billionaire And Construction Magnate Pallonji Mistry By His Wife Patsy Perin Dubash

Ratan Tata Vs Cyrus Mistry

Failure Of Dream Project

Nano Was Launched In The Year 2009, And It Has Never Witnessed A Positive Growth In Its Overall Sales. Last Quarter Ending September, 2013, Its Sale Plunged 74% Compared To Last Year, As Only 10,202 Units Were Sold In This Period

Its Sales Were Down 28% Compared To Last Year And The Trend Will Unfortunately Continue

After Cyrus Mistry Took Over The Reins Of Tata, He Tried To Reintroduce Nano As A Smart City Car, For Enticing Young Urban Population And Those With Less Space For Parking. They Even Invested A Fresh Capital Of Rs 3000 Crore Into This Loss Making Product

But The Results Aren’t Suggesting That The Sale Will Pick Up Anytime Soon, Especially As The Whole Automobile Sector In India Is Witnessing A Negative Growth

Mistry's Charges Failed

Mistry Said He Was Promised A Free Hand When He Was Appointed Chairman In December 2012 But Articles Of Association Were Modified, Changing The Rules Of Engagement Between The Tata Family Trusts And The Board Of Tata Sons.

In Clear Signs That Not All Was Well Between Him And Tata, He Highlighted His Predecessor's Loss-making Nano Car Project That Consistently Lost Money But Could Not Be Shut Down For "Emotional Reasons" And Because It Would Have Stopped The Supply Of Nano Gliders To An Electric Car Making Entity Where Tata Had Stake“

Earlier Mr. Mistry In His Letter Bomb To The Tata Sons Board Blamed Mr. Ratan Tata For Striking Such A Questionable Agreement. The Letter Said That An Exit From The Telecom Business Would Cost As Much As $5 Billion, In Addition To The Payout To Docomo

Cyrus Mistry Letter

Letter To Board Of Directors

Board Of DirectorsNames Position

Mr. Cyrus P Mistry Non-executive, Non-independent Director

Mr. Nusli N Wadia Non-executive, Independent Director

Mr. Nasser Munjee Non-executive, Independent Director

Mr. Subodh Bhargava Non-executive, Independent Director

Mr. Guenter Butschek Chief Executive Officer & Managing Director

Mr. Ravindra Pisharody Executive Director (Commercial Vehicles)

Mr. Satish Borwankar Executive Director

Mr. Vinesh Kumar Jairath Non-executive, Independent Director

Dr. Raghunath Mashelkar Non-executive, Independent Director

ChairmanExecutive Committee Of The BoardNomination & Remuneration Committee Audit Committee

Stakeholders Relationship Committee

Safety, Health & Environment Committee

Board Of Directors Supported

To Ratan Tata

Boardroom voting

 Future Of The TATA Group

Even after his retirement, Ratan Tata was looking out for the Future Of The Group. He was constantly in touch with the big names of the business, whereas Cyrus was busy with daily affairs, not preparing the group for its future.

Tata Sons’ press note has also made it amply clear that the decision to remove Cyrus and Finding a new chairman was important for the future of their businesses

Next Chairman ?

The Door Has Been Left Wide Open For Tata Sons’ Next Chairman

Also, it was only last month that tata sons inducted some new names into its board. Ajay parimal, venu shrinivasan, and amit chandra are few of the big names in the list. Cyrus must have read the warning signs. He might think of fighting A legal battle against the decision of the board, but it is difficult to see what he could achieve as tata trust has A firm grip on tata sons, owning 66 percent shares of the groupoutside or inside the group

Thank you